News
Energy Risk Europe: Ofgem outlines UK power market changes
Ofgem senior economist makes case for power market reform and details proposals to alter balancing arrangements
Energy Risk Europe: Questions over benefits of CVA for energy firms
Lack of credit team or CVA desk might make use of measure counterproductive, panellists worry
National authorities have ‘moral obligation’ to introduce systemic risk measures - IAIS secretary general
G-20 pressure and FSB peer review will guarantee compliance of nation states
Energy Risk Europe: Commodity trading demands big data, says Trafigura CRO
Commodity trading firms urged to use advancements in big data to gain strategic advantage
BoE's Tucker wants more robust CCP governance
Bank of England deputy governor Paul Tucker raises concerns over the size and for-profit nature of CCPs
Asic temporarily exempts Australian banks from non-CFTC trade reporting requirements
Australian industry needs additional time to set up trade reporting infrastructure
Central Bank of Ireland diverges from Basel III on AFS bonds
Irish bank capital numbers would filter out unrealised gains and losses on government bonds
Energy Risk Europe: Acer bemoans 'unnecessary' market coupling delays
Acer director expresses frustration at power market coupling delays caused by exchanges and other stakeholders
Energy Risk Europe: Good times over for Europe's traders, says RWE's Krebber
Strain caused by regulation and renewables means European energy traders must adapt to survive, says RWE Supply & Trading CFO
Shadow banking crackdown raises transparency concerns for insurers
National regulators to bring existing rules in line with prescriptive FSB policy recommendations on securities lending
Energy Risk Europe: Commodity derivatives rules flawed, says SEB’s Iwarson
Derivatives regulation will impede attempts by banks to compete and do lasting damage to European market, says founder of SEB’s commodity business
Lack of Esma clarity delays progress on FX trade reporting
Questions raised by Isda concerning trade reporting workflows have not yet been answered, delaying preparations for the start of mandatory trade reporting early next year
Understanding risk landscape key to business success, forum hears
Risk managers must speak the language of CFOs to have greater influence
Big European companies reject third-party reporting for derivatives
Corporates fear they will still pay the penalty if mistakes are made by delegated reporting services
CFTC substituted compliance process not clear enough – Risk.net poll
The majority of respondents to a Risk.net poll say they do not understand how CFTC substituted compliance determinations will be made
JSE's rand swap clearing hopes in the balance
Local dealers believe domestic clearing would bifurcate derivatives netting sets
Solvency II interim reporting requirements were 'too ambitious' - Eiopa
Insurers hail downscaling of regulator’s initial plans, but concerns about consistent application remain
Systemic risk definition for insurers flawed, says former IAIS counsellor
International policy-makers should offer clarity on risks posed by different activities, hears Insurance Risk Europe
More focus needed on response to data breaches, says panel
Firms focusing on prevention, but they need to concentrate more on detection, say cyber-security experts
BAML loses co-head of fixed income
BAML fixed-income co-head departs after 18 years
Capital relief accounts for 70% of some CDS spreads, quants say
New research sheds light on implications of product's role as regulatory capital hedge
CBOE adds short-term version of Vix to volatility suite
The new index, VXST, measures market expectations of S&P 500 volatility nine days into the future, rendering it more sensitive to short-term volatility swings than the Vix
Insurer global capital standard must be 'simple and pragmatic' says Ace risk chief
ComFrame must not be prescriptive if it is to enhance supervision of international groups
Insurers 'must act fast' to succeed in private placement loan market
Efficient committee structure central to investment strategy, Friends Life CIO tells conference